Rethink Property Investing - Become Financially Free With Commercial Property Investing

The definitive guide to building a profitable commercial property portfolio -- now fully updated and revised
 
Australia's bestselling commercial property book, Rethink Property Investing, offers practical advice for any investor looking to move beyond traditional residential real estate and enter the profitable world of commercial properties. Leading investors Scott and Mina O'Neill show you how they retired at the age of 28 and now live off the income generated by their $75 million commercial property portfolio. This invaluable guide dispels the investing myths and demystifies complex property principles and strategies using a clear, straightforward, and easy-to-understand approach.
 
This is the book Scott and Mina wished they had when they started out: an honest, no-nonsense handbook filled with practical examples, personal stories, expert advice and real-world information. Rethink Property Investing aims to help you earn enough passive income to retire early and enjoy your life -- whether you're a residential property investor looking to go to the next level or an experienced investor seeking a more advanced approach. Now fully updated and revised, this edition shares detailed new property examples and gives the lowdown on value-add opportunities and investment strategies like syndicates.
 
Rethink Property Investing will show you how to:
* Build your own commercial property portfolio following 7 Easy Steps and the Top 5 Property Plays
* Follow the strategies Scott and Mina O'Neill used to build a $75 million portfolio in 12 years
* Maximise the performance of your existing property portfolio using proven techniques
* Understand how different commercial properties perform, especially in the current economic climate and with current interest rates
* Find the best commercial property opportunities available today so you can build a $200K passive income
 
Learn how you can create wealth successfully through commercial property investing, using simple yet powerful strategies from two people who have been there and done that. From developing an investment mindset to financing and managing your property, Rethink Property Investing will guide you every step of the way.

List of contents

Preface vii
 
Introduction xxv
 
Part I: Moving Beyond Your Backyard 1
 
Our first commercial property purchase 5
 
Subsequent commercial property purchases 9
 
What commercial property is (and isn't) 27
 
What you need to know first 41
 
How do you make money out of this? 61
 
Busting the myths 69
 
Part II: The 8 Steps 77
 
Step 1: Money habits 81
 
Step 2: Investment mindset 97
 
Step 3: Assembling your expert team 109
 
Step 4: Asset selection 119
 
Step 5: Method of sale 131
 
Step 6: Finance 139
 
Step 7: The negotiations 149
 
Step 8: Managing the property and understanding the tax 159
 
Part III: Our Top 5 Property Plays 175
 
Play 1: How to build a $200 000 passive income 179
 
Play 2: How a property can pay itself off in 10 years 189
 
Play 3: How to increase capital growth with value-adds 197
 
Play 4: How to check the numbers so you don't overpay 235
 
Play 5: How syndication can work for you 243
 
Conclusion 263
 
Acknowledgements 275
 
Common commercial real estate terminology 277

About the author

SCOTT and MINA O'NEILL are the founders and directors of Rethink Investing, an esteemed BRW Fast 100 company in both 2017 and 2018, recognised as Australia's largest and most experienced buyer's agency catering to commercial property investors. With a resolute commitment to client success, Rethink Investing has provided pivotal assistance to over 3500 clients, enabling them to procure more than $3 billion in real estate since 2015.

Summary

The definitive guide to building a profitable commercial property portfolio -- now fully updated and revised

Australia's bestselling commercial property book, Rethink Property Investing, offers practical advice for any investor looking to move beyond traditional residential real estate and enter the profitable world of commercial properties. Leading investors Scott and Mina O'Neill show you how they retired at the age of 28 and now live off the income generated by their $75 million commercial property portfolio. This invaluable guide dispels the investing myths and demystifies complex property principles and strategies using a clear, straightforward, and easy-to-understand approach.

This is the book Scott and Mina wished they had when they started out: an honest, no-nonsense handbook filled with practical examples, personal stories, expert advice and real-world information. Rethink Property Investing aims to help you earn enough passive income to retire early and enjoy your life -- whether you're a residential property investor looking to go to the next level or an experienced investor seeking a more advanced approach. Now fully updated and revised, this edition shares detailed new property examples and gives the lowdown on value-add opportunities and investment strategies like syndicates.

Rethink Property Investing will show you how to:
* Build your own commercial property portfolio following 7 Easy Steps and the Top 5 Property Plays
* Follow the strategies Scott and Mina O'Neill used to build a $75 million portfolio in 12 years
* Maximise the performance of your existing property portfolio using proven techniques
* Understand how different commercial properties perform, especially in the current economic climate and with current interest rates
* Find the best commercial property opportunities available today so you can build a $200K passive income

Learn how you can create wealth successfully through commercial property investing, using simple yet powerful strategies from two people who have been there and done that. From developing an investment mindset to financing and managing your property, Rethink Property Investing will guide you every step of the way.

Product details

• Authors: Mina O'Neill, S O'Neill, Scott O'Neill, Mina O''neill O''neill, S O''neill
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 02.07.2023
• EAN: 9781394188574
• ISBN: 978-1-394-18857-4
• No. of pages: 288
• Subjects: Guides > Law, job, finance; Social sciences, law, business > Business > Business administration; Immobilien, Business & management, Property & real estate, Wirtschaft u. Management, Immobilien u. Grundbesitz